Federal Reserve Release, H2, Actions of the Board, its Staff, and the Federal Reserve Banks; Applications and Reports Received

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco

District: 10
Federal Reserve Bank of: Kansas City

Filings received during the week ending June 16, 2012

Filer Filing Type Filing Proposal End of Comment Period
FIRST BANCSHARES, INC. CIC Notice by David L. Spehar, Olathe, Kansas; Charles E. Thacker, Fulton, Illinois; Larry G. Barcus, Rockville, Missouri; John G. Sturtridge, Oro Valley, Arizona; and Keith L. Roberts, Leawood, Kansas; all as a group acting in concert, to acquire control of First Bancshares, Inc., parent of The First State Bank of Kansas City, Kansas, both in Kansas City, Kansas.
Newspaper: 06/28/2012
Federal Register: 06/29/2012
MADISON COUNTY HOLDING, MHC * SLHC Formation
* MHC Conversion
Madison County Holding Company, MHC, proposes to convert to stock form and merge with Madison County Financial Corporation, which proposes to become a savings and loan holding company by acquiring 100 percent of Madison County Bank, all of Madison, Nebraska.
Newspaper: Not available
Federal Register: Not available
SECURITY BANCSHARES CORPORATION * 3A1 Security Bancshares Corporation, Wewoka, Oklahoma, to become a bank holding company through the acquisition of 100 percent of the voting shares of Security State Bank of Wewoka, Oklahoma.
Newspaper: 06/30/2012
Federal Register: 07/13/2012
SECURITY NATIONAL BANK Member Security National Bank of Laurel (to be known as Security Bank), Laurel, Nebraska, to retain its membership in the Federal Reserve System following its conversion from a national to a state charter.
Newspaper: Not applicable
Federal Register: Not applicable


Availability of CRA Public Evaluations

The Community Reinvestment Act is intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods. It was enacted by the Congress in 1977 (12 U.S.C. 2901) and is implemented by Regulation BB (12 CFR 228). The regulation was revised in May 1995.

The CRA requires that each depository institution's record in helping meet the credit needs of its entire community be evaluated periodically. That record is taken into account in considering an institution's application for deposit facilities.

A copy of an institution's CRA evaluation may be obtained directly from the institution or Reserve Bank.

Federal bank regulators use the following performance levels to rate an institution's performance under CRA:

O = Outstanding
S = Satisfactory
NI = Needs to improve
SN = Substantial noncompliance

The following state member banks have been examined and their CRA public evaluations are now available.
 
Institution / Location
RSSD
ID
 
Exam Date
CRA
Public Date
CRA
Rating
Exam Method
NONE


CRA Examinations scheduled for     Quarter of

Institution Location
NONE

* Subject to the provisions of the Community Reinvestment Act

Release dates | Full version (300 KB PDF)
Actions by the Board | Actions under delegated authority
Applications and reports:
Boston | New York | Philadelphia | Cleveland | Richmond | Atlanta
Chicago | St. Louis | Minneapolis | Kansas City | Dallas | San Francisco